Sun.Sep 29, 2024

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Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More

Insurance Journal

Hurricane Helene’s storm surge along Florida’s western edges is being called the most devastating since 1921, responsible for destroying or heavily damaging hundreds of homes and businesses in the area.

Damage 363
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Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims

Property Insurance Coverage Law

As Hurricane Helene victims begin to assess the damage to their properties, they face not only the immediate challenges of recovery but also potential long-term implications due to federal regulations. One such regulation that could significantly affect rebuilding efforts is FEMA’s 50% Rule. Unless you ever suffered significant damage and lived in an area prone … The post Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims appeared first on P

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Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance

Insurance Journal

On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over a year ago.

Insurance 334
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Petrofac reaches deal in principle on debt-for-equity swap

Splash: Finance and Insurance

Petrofac has secured a preliminary deal with some of its key stakeholders that will see creditors convert a majority of the UK energy services company’s debt into equity.

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Cargo Carriers Fear Port Strike Will Paralyze Half of US Trade

Insurance Journal

The world’s top container carrier is urging customers to move US cargo through East and Gulf Coast ports before the planned start on Tuesday of a dockworker strike that threatens to paralyze as much as half the nation’s seaborne trade …

Risk 279
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Israel’s ports face increased security alerts

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Israel’s ports face increased security alerts appeared first on Insurance Marine News.

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UK sanctions five Russia-linked gas carriers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK sanctions five Russia-linked gas carriers appeared first on Insurance Marine News.

Marine 52
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Toyota, Mazda, Mercedez-Benz Issue Recalls, NHTSA Says

Insurance Journal

Toyota Motor Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop, the National Highway Traffic Safety Administration said on Friday.

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Flaws in crane operating procedure highlighted after office suffers crushed leg

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Flaws in crane operating procedure highlighted after office suffers crushed leg appeared first on Insurance Marine News.

Marine 52
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Inszone Acquires ISU Francis-Pinney Insurance Services in California

Insurance Journal

Inszone Insurance Services acquired ISU Francis-Pinney Insurance Services Inc. in California. ISU Francis-Pinney Insurance Services evolved through several mergers, including All-Cal Insurance and the John A. Francis Agency.

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Industry associations update safety protocols for Red Sea, Gulf of Aden

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Industry associations update safety protocols for Red Sea, Gulf of Aden appeared first on Insurance Marine News.

Marine 52
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House Explosion That Killed 2 Linked to Propane System, Fire Officials Say

Insurance Journal

A propane system is believed to have been the source of a massive explosion that killed two people and destroyed a house in the Pittsburgh area near the Ohio River earlier this year, authorities said.

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Major port in Haiti closed to land access after gang attacks

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Major port in Haiti closed to land access after gang attacks appeared first on Insurance Marine News.

Marine 52
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Longshoremen Seek Lost Wages in Suit Over Baltimore Bridge Collapse

Insurance Journal

A group of Baltimore longshoremen have sued the owner and manager of the ship that caused the Francis Scott Key Bridge collapse, arguing the companies should compensate them for wages lost while the port was closed in the aftermath of …

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Florida ports closed as precaution as Helene hits land

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Florida ports closed as precaution as Helene hits land appeared first on Insurance Marine News.

Marine 52
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Leveraging Automation in BPO to Drive Insurance Efficiency and Innovation

Insurance Journal

This post is part of a series sponsored by Selectsys. The insurance industry is undergoing significant transformation, driven by the adoption of automation in Business Process Outsourcing (BPO).

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Lithium-ion fire in truck disrupts operations at the Port of Los Angeles and Port of Long Beach

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Lithium-ion fire in truck disrupts operations at the Port of Los Angeles and Port of Long Beach appeared first on Insurance Marine News.

Marine 52
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Scammers Pose as Political Activists to Play on Partisan Divide

Insurance Journal

Hackers are exploiting the partisan divide in the US to lure Americans into clicking on phishing emails, according to new research.

Cyber 279
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Montreal dockworkers schedule 72-hour strike to coincide with US strike

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Montreal dockworkers schedule 72-hour strike to coincide with US strike appeared first on Insurance Marine News.

Marine 52
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Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers

Insurance Journal

California, the birthplace of hot rod culture and televised police chases, is cracking down on a surge in deadly street takeovers.

Crime 278
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US container traffic could be “paralyzed”, warn shipping companies, analysts

Insurance Marine News

MSC Mediterranean Shipping Company has urged customers to move US cargo through East and Gulf Coast ports before the planned start on Tuesday October 1st of a strike in 36 US Atlantic and Gulf of Mexico ports that threatens to bring to a halt up to half of US seaborne trade volumes. Russell Group’s ALPS. The post US container traffic could be “paralyzed”, warn shipping companies, analysts appeared first on Insurance Marine News.

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Jury Awards $2.78 Million to Nanny Over Hidden Camera in Bedroom

Insurance Journal

A jury has awarded $2.78 million to an au pair whose employer used a hidden camera to videotape her while she slept in their New York City home.

Injury 261
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Tysers P&I Club Review #8: West

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tysers P&I Club Review #8: West appeared first on Insurance Marine News.

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Early Lessons From Helene Show Catastrophes Are Here to Stay, Flood Insurance Vital

Insurance Journal

Hurricane Helene made landfall late Thursday, Sept. 26, in the Florida Big Bend, a sparsely-populated 150-mile coastal stretch from Apalachee Bay, south of Tallahassee, to Waccasassa Bay in the south.

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